EFTA01506902

04 12004 Account Number: FINANCIAL TRUST COMPANY INC Portfolio Summary Eacep!la the Deposl Account (I ereckNI) and the cash in your Asset /fronrint rvhch are wiScand deeosttS vote, JAWS none OMB inbedanenIS relined ton firs steternenl a pa 43.0 Attain/ wieruitnia mutual fund., We FDIC matted a beak depostls obtObms as 9thwaNetvi by JPVCa a any Of MS bans a gar affneies (unless °Minn's, redotated) SW) sea ar does end a itieSsIm901.9 we saw< f 10 reestmerot risks. fractuclog poss.41bas a the sonneval amtwert oves10d See Impotent dolonation about )our JA4SI Braaten Account" et the mei or Mrs Asset Account PolkAo JP51organ Chase Bank 345 Park Avenue, New York, NY 10154-1002 Asset Account Portfolio April 01, 2004 - April 30, 2004 JPMorgan Private Bank Page 4 of 82 Overview Cash & Short Term Equities Other Options Total Foreign Exchange Accrued Income Total Portfolio Value Marker Value USD Apr30 44,046,049.07 14,033,368.12 Markel Value USD Afar 3f 43,371,307.29 16,761,634.10 Tax Cost USD 44,222,090.76 Ettimened Annear Income USD 593,136 24 96 1.4 0.0 43,883,275 14 46,233,924 19 45,525,000 00 0.0 - 5.384.132 62 - 4,981.557 89 - 3.077.259 13 N/A N/A 96,578,559.71 101,385,307.69 86,669,831.63 593,136.24 0.6 - 1,265,387 34 - 482,634.58 32,972 80 36,048.08 95,346,145.17 100,938,721.19 Asset Allocation 43% Cash and Short Term ▪ 14% Equities ▪ 43% Other Market value of Options is not included in pie chart. Income Summary Dividends Total This Period USD 36,048.08 36,048.08 Year to Date USD' 107,263.05 107,263.05 Net Gain/Loss Summary Net Short Term Gain/Loss Net Long Term Gain/Loss Reenact This Penod USD 700,662.74 Rained Year to One USD' 11,120,034.09 Unrealized USD 3,216,006.61 - 298,824.47 Total 700,662.74 11,120,034.09 - 3,514,831.08 'Year to date information is calculated on a calendar year basis. Exchange Rates Spot Rates as or Apra 30, 2004 Curnvicy AUD EUR GBP Exchange Rate 0.7222 1.1988 1.7732 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031891 SDNY_GM_00301089 EFTA01506902